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May 2013 RealtyTrac Foreclosure Report Shows Strength For The US Housing Market

May 10, 2013 by Robby Oakes Leave a Comment

RealtyTrac recently reported that national foreclosure filings are down while foreclosure filings are seeing marked increases in some states.

Filed Under: Housing Analysis Tagged With: Foreclosure,Housing Reports,Judicial Foreclosure,Non-Judicial Foreclosure

Upswing In April 2013 Jobs Report Signals Good News For Real Estate

May 8, 2013 by Robby Oakes Leave a Comment

The Bureau of Labor Statistics released its monthly Non-farm Payrolls and National Unemployment Rate for April last Friday. These two reports are collectively called the Jobs Report.

165,000 jobs were added in April, while the unemployment rate dropped from 7.60 percent in March to 7.50 percent in April.

Filed Under: Housing Analysis Tagged With: Jobs Report,Employment Report,Bureau of Labor Statistics

Case-Shiller Home Price Indices Post Highest Growth Rates Since 2006

May 1, 2013 by Robby Oakes Leave a Comment

Housing markets continue to improve according to the S&P Case Shiller Home Price Indices released April 30 for February’s data.

The Indices consist of a 10-City Composite Index and a 20-City Composite Index with housing markets for each city reported based on a three-month rolling average of home prices.

The data released yesterday comprised the Indices’ highest growth rates since May 2006.

Filed Under: Housing Analysis Tagged With: Case Shiller,Housing Prices,Home Appreciation

Existing Home Sales Numbers Show Value Gains Across America

April 24, 2013 by Robby Oakes Leave a Comment

The National Association of REALTORS® released its Existing Home Sales report for March on Monday.

Sales dipped from February’s seasonally adjusted annual rate of 4.95 million to 4.92 million existing homes sold in March, a decrease of 0.6 percent month-to-month.

Filed Under: Housing Analysis Tagged With: Existing Home Sales,Housing Reports,NAR

Home Builders Hold Great Confidence For New Homes Over Next 6 Months

April 16, 2013 by Robby Oakes Leave a Comment

The National Association of Home Builders (NAHB) Wells Fargo Housing Market Index (HMI) report for April shows that builder confidence slipped by two points to a rating of 42 from the March reading of 44.

Filed Under: Housing Analysis Tagged With: NAHB,Home Builder Confidence,Housing Analysis

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Robby Oakes


Robby Oakes

CIMG Managing  Director
NMLS# 91606

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